Toward the end of trading Tuesday, the Dow traded up 1.38 percent to 16,391.81 while the NASDAQ surged 1.83 percent to 4,355.50. The S&P also rose, gaining 1.46 percent to 1,872.64.

Leading and Lagging Sectors
In trading on Tuesday, industrials shares were relative leaders, up on the day by about 1.78 percent. Top gainers in the sector included Plug Power (NASDAQ: PLUG) and Maxwell Technologies (NASDAQ: MXWL).

Energy sector gained 0.85 percent in the US market today. Among the energy stocks, McDermott International (NYSE: MDR) was down more than 9.3 percent, while Compressco Partners LP (NASDAQ: GSJK) tumbled around 5.3 percent.

Top Headline

AutoZone (NYSE: AZO) reported a gain in its fiscal second-quarter profit. AutoZone's quarterly profit surged to $192.8 million, or $5.63 per share, versus a year-ago profit of $176.2 million, or $4.78 per share. Its net sales rose to $1.99 billion versus $1.86 billion. However, analysts were expecting earnings of $5.57 per share on sales of $1.98 billion. AutoZone's US same-store sales jumped 4.3% in the quarter.

Equities Trading UP
Vipshop Holdings (NYSE: VIPS) shot up 30.73 percent to $167.02 after the company reported better-than-expected fourth-quarter results and issued a strong revenue forecast for the first quarter.

Shares of Trina Solar (NYSE: TSL) got a boost, shooting up 10.10 percent to $16.23 after the company posted a profit in the fourth quarter.

Plug Power (NASDAQ: PLUG) was up as well, gaining 11.51 percent to $6.49 after the company's new contract with Wal-Mart sparked a rally.

Equities Trading DOWN
Shares of McDermott International (NYSE: MDR) were down 8.25 percent to $7.44 after the company reported a Q4 loss of $1.37 per share on revenue of $517.3 million. It also withdrew its previous outlook. Capital One Financial downgraded the stock from Equalweight to Underweight and cut the price target from $8.00 to $6.00.